Patrick Mullen Buys 7,709 Shares of LXFR
Patrick Mullen recently bought 7,709 shares of LXFR.
Key Points
- On June 11, 2026, Patrick Mullen purchased 7,709 shares of LXFR, reflecting insider confidence.
- Shares of LXFR traded at $18.08, with peers like FMR LLC and BlackRock adjusting their positions.
- Analysts from Freedom Broker and EF Hutton have positive ratings on LXFR with targets of $22 and $25.
On June 11, 2026, Patrick Mullen bought 7,709 shares of LXFR. This insider transaction wasn't part of a pre-arranged trading plan, indicating a direct purchase decision.
Other Institutional Activity in LXFR
Several institutional investors have recently adjusted their stakes in LXFR. FMR LLC trimmed its holdings by 8,100 shares, ending with 2,664,036 shares valued at about $32.4 million. BlackRock, Inc. significantly reduced its position by 1,443,873 shares, leaving it with 1,984,572 shares worth approximately $24.2 million. In contrast, Royce & Associates LP added 9,688 shares, bringing its total to 1,812,123 shares valued at $22.1 million. Bank of America Corp reduced its stake by 53,777 shares, holding 1,659,201 shares valued at $20.2 million, while Artisan Partners Limited Partnership cut its holdings by 195,885 shares to 1,504,665 shares worth $18.3 million.
LXFR Stock Snapshot
Shares of LXFR traded at $18.08 recently. The stock's performance is closely watched by investors, especially given the recent insider buying activity and institutional moves.
Insider Buying and Selling at LXFR
On June 11, 2026, multiple insiders at LXFR made transactions. Lisa Trimberger bought 6,681 shares, Clive Snowdon purchased 8,953 shares, and Sylvia Ann Stein acquired 6,681 shares. Patrick Mullen also made another purchase of 11,851 shares. Additionally, Lisa Trimberger sold 8,953 shares on the same day.
Analysts Set New Price Targets
On May 21, 2026, Freedom Broker initiated coverage of LXFR with a 'buy' rating and a price target of $22. EF Hutton reiterated its 'buy' rating on March 2, 2023, with a price target of $25. The analyst consensus suggests a positive outlook for LXFR.
Bottom Line
Patrick Mullen's recent purchase of LXFR shares adds to the interest in the company's stock. Institutional activity shows mixed actions, with some funds increasing and others decreasing their holdings. Analysts have set optimistic price targets, indicating potential confidence in LXFR's future performance. As always, investors should note that insider transactions are reported after they occur and may not reflect current positions.
See Also
This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.